News > FinTech

5 Ways Blockchain Can Increase Customer Loyalty – and Win Brands’ Battle for Engagement
With Singapore Airlines and Delta Air Lines having recently introduced a blockchain-based loyalty program and replacing its airmiles with cryptocurrency respectively, it shows that blockchain stands to radically transform traditional loyalty programs as we know them, making them more useful, accessible and cost-effective for both brands and customers alike. Q2 hedge fund letters, conference, scoops etc MichaelWuensch / Pixabay So
Southeast Asian Startups’ ‘Valley of Death’
For Southeast Asian fintech startups, securing a second round of funding can be deadly. Speaking to DealStreetAsia, FinAccel CEO Akshay Garg detailed what it was it was like to secure the “largest ever” Series B round for a Southeast Asian fintech company. The picture he drew, however, wasn’t pretty. The dearth of local funds in the $200-300 million range apparently
84% of Businesses Are Incorporating Blockchain?
Off the back of the release of PwC’s Global Blockchain Survey 2018, which highlighted that 84% of companies are now incorporating blockchain technology at some level. Experts in the space — including Shiv Malik of Streamr, David Hanson of Ultra, and Manuel Martin of Orvium — address the hyp’ around blockchain, challenges facing the industry, and what the future holds
SEC Rejects Nine Proposals for Bitcoin ETFs
Bitcoin investors were dealt a one-two punch across two different continents over the past week: After the Chinese government announced that it will now ban internet access to more than 100 overseas crypto exchanges in its country, the U.S. Securities and Exchange Commission rejected nine proposed Bitcoin ETFs from ProShares, GraniteShares and Direxion, citing concerns that they could be vulnerable
China Will Block Access to More Than 100 Foreign Crypto Exchanges
Having already banned initial coin offerings (ICOs) - which also effectively banned domestic cryptocurrency trading platforms - the Chinese government has announced that it will now ban internet access to more than 100 overseas crypto exchanges, as CoinDesk reports. The news was first reported by the Shanghai Securities Times, which noted that the China National Fintech Risk Rectification Office has
Coinbase Starts to Attract Institutional Investors
FinTech
Even though the cryptocurrency industry has been providing returns to investors for several years now, institutional investors have generally steered away from putting their money in this industry. This is an indication of the need to customize crypto products as well as iron out the regulatory concerns against investing in the industry. Q2 hedge fund letters, conference, scoops etc Image
'Hilariously Rich' No More: The New York Times Talks to Crypto Investors Who've Gone Broke
In early January, the New York Times published a feature story about a community of crypto investors in San Francisco - "developers, libertarians, Redditors and cypherpunks" - who were becoming wealthy just as Bitcoin and other cryptocurrencies were hitting record highs. The Times' headlined its story: Everyone is Getting Hilariously Rich and You're Not. "There are only a few winners
Brokerage Stocks Crushed as JPMorgan Rolls Out Digital Service With Free Trades
Competition in the mobile trading space is getting even hotter after JPMorgan Chase & Co. (NYSE: JPM) announced a brand new free digital trading application. CNBC's report of the new app sent shares of online brokerage stocks tumbling on Tuesday. What Happened? JPMorgan said the new trading service called You Invest will launch next week, CNBC's Hugh Son reported, and
Report: 'Bitcoin Jesus' Has Been Forsaken
About a year ago Bitcoin reached a truce to end what had become a civil war between two factions of digital currency developers who had split on the issue of scaling the coin: There were those who wanted Bitcoin to be more of a commodity, like gold, with a limited supply that can accrue value; and those who wanted Bitcoin
Investor Sues AT&T For $224M Over Cryptocurrency Theft
An investor from California has filed a $224-million lawsuit against AT&T, alleging the company was negligent in allowing hackers to steal about $24 million worth of cryptocurrency from him, as CNBC reports. The complaint, filed by Michael Terpin in the U.S. District Court in Los Angeles, accused the telecommunications behemoth of "willing cooperation with the hacker, gross negligence, violation of